Have you heard that Detroit stood out as an unexpected frontrunner, registering the highest year-over-year home price growth among the metro areas analyzed in the report and surpassing Miami for the first time in 16 months.

Consequently, my friend as the property manager, found a tenant that was a serial evictee (problem #2) - and apparently did not do a background check when she moved in summer 2022 (because when i looked up her name recently, i found the recent eviction 12/21 in less than one minute).My friend collected the rent for a few months and looked like everything was going well.Then he had to have a major operation unexpectedly this year, during which time, the tenant took advantage, stopped paying, and eventually filed for bankruptcy protection.

With 80/20 financing on ~$1M, you still have $100k for various and unexpected expenses.

one thing to note is that cash flowing net positive each month on a house hack was never the point, it was just a happy accident for a few years when rates were low. so, if you could rent something for $1500, or buy something to house hack and still owe $1122.57 toward the mortgage, house hack.

Everyone on this chain should read it.One thought has been circulating is that the timing of the attack is not an accident.

For instance, if a partner let's his kid drive his car and the kid gets into an accident and seriously injures someone, both partners can be sued.

I don't believe this was all by accident. 

as in - we won't get diabetes or won't get into an accident?

Expectations for sales volume are are, from 6.5 million to 6.8 million - so another record year by every standard, unless something totally unexpected happens.

Expect the unexpected.